Wedbush Securities Inc. Has $1.20 Million Position in BlackRock Enhanced Capital and Income Fund, Inc. $CII

Wedbush Securities Inc. lifted its holdings in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) by 327.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 92,324 shares of the real estate investment trust’s stock after purchasing an additional 70,743 shares during the period. Wedbush Securities Inc.’s holdings in BlackRock Enhanced Capital and Income Fund were worth $1,199,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in CII. Trust Co. of Vermont bought a new stake in shares of BlackRock Enhanced Capital and Income Fund in the second quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC bought a new position in BlackRock Enhanced Capital and Income Fund during the fourth quarter worth $38,000. CENTRAL TRUST Co bought a new position in BlackRock Enhanced Capital and Income Fund during the first quarter worth $36,000. Root Financial Partners LLC acquired a new position in BlackRock Enhanced Capital and Income Fund during the 4th quarter valued at $41,000. Finally, US Bancorp DE boosted its holdings in BlackRock Enhanced Capital and Income Fund by 662.8% in the 3rd quarter. US Bancorp DE now owns 2,647 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,300 shares during the period.

BlackRock Enhanced Capital and Income Fund Price Performance

Shares of BlackRock Enhanced Capital and Income Fund stock opened at $24.47 on Tuesday. The firm has a fifty day moving average price of $24.82 and a two-hundred day moving average price of $23.84. BlackRock Enhanced Capital and Income Fund, Inc. has a fifty-two week low of $20.43 and a fifty-two week high of $26.17.

BlackRock Enhanced Capital and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.141 dividend. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Tuesday, September 15th.

BlackRock Enhanced Capital and Income Fund Company Profile

BlackRock Enhanced Capital and Income Fund (NYSE: CII) is a diversified, closed-end management investment company organized in 1993 that seeks to provide shareholders with high current income and capital appreciation. The fund pursues its objectives by investing primarily in a portfolio of U.S. dollar-denominated senior secured floating-rate loans (commonly referred to as bank loans), high-yield corporate debt, collateralized loan obligations (CLOs) and other credit instruments. In order to enhance returns, the fund may employ leverage through borrowings and derivative exposures.

The fund’s portfolio construction emphasizes credit quality, yield generation and risk management.